Private Equity Firm Set To Sell Hulu Stake, Says Report
socalTECH
APRIL 26, 2012
A report today from Bloomberg says that Providence Equity Partners , the private equity firm which owns part of Los Angeles-based Hulu , is selling its stake to the firm's other owners in a deal valuing the firm at about $2 billion. Hulu's other owners are Walt Disney Co., No details on the deal have been announced.
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